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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Today’s drop
View:
Post by 1234bmth on Jun 02, 2021 2:35pm

Today’s drop

Today's drop is nothing but profit taking, most had a cost of below $1 they are making huge profits and sell their shares. If oil holds at current price BTE can go to $2.20 to $2.25 in one day. This reminds me when CJ run +$2 it was trading down and up until it got stabilized at $3 plus, but if oil goes down that would be different.
Comment by Marky1 on Jun 02, 2021 3:06pm
 Great Post! It's just disheartening to see our stock going so down when cpg is doing so well.
Comment by Stockhudson on Jun 02, 2021 6:42pm
I m selling too  but my first price is 2.94   then more at  3.94   and so on   I have been waiting for these days for quite a while   this is my opp to cash in  never thought this day would happen   can remember telling my wife  WHY buy at 26 cents  but I did push buy button   GLTA  
Comment by bigstar10 on Jun 02, 2021 4:44pm
There's a gap to fill back down to $1.50 more profit taking and volatility with market manipulating gonna be crazy and scary for the wannabies
Comment by Stalkhouse on Jun 02, 2021 5:24pm
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